F. Hodge O'Neal Corporate and Securities Law Symposium
Author: Ted J. Fiflis (University of Colorado Law School)
This Article proposes that investment bankers be held responsible to shareholders. As gatekeepers for corporate control transactions, investment bankers should be liable as delegates of the board, having the same fiduciary duties of care, candor, and loyalty that directors have, as well as a duty of skill.
Keywords: Corporate fiduciaries, Banking industry, Malpractice, Consolidation & merger of corporations
How to Cite: Fiflis, T. (1992) “Responsibility of Investment Bankers to Shareholders”, Washington University Law Review. 70(2).